Association GSC

What Association GSC does

Association GSC (legal name: Association pour la Garantie Sociale des Chefs et des Dirigeants d'entreprise) is a French nonprofit association (Loi 1901, SIREN 316 187 939) headquartered at 20 rue des Grands Augustins, 75006 Paris. It was created by the three principal French employer confederations — MEDEF, CPME, and U2P — to address the structural gap that French business leaders and entrepreneurs are not covered by standard unemployment insurance. The association manages the subscriber relationship for the GSC voluntary unemployment insurance scheme, while insurance administration and underwriting are handled through a co-insurance contract with GAN Assurances as lead insurer (apériteur), alongside Générali, Allianz, and S.M.A.Btp. Members receive income replacement for 9, 12, or 18 months subject to a 12-month waiting period (18 months for the 18-month option), and a Social Fund provides up to €5,000 in additional assistance to members in financial difficulty.

The offering is structured around nine product variants tailored to specific legal profiles: individual entrepreneurs, majority and minority managers of SARLs, equal-share managers, artisans and merchants, presidents and general directors of SAS/SASU, executives of SA companies, and business creators/repreneurs. Distribution is omnichannel: patron federation referrals (MEDEF, CPME, U2P, FFB, UIMM, FFEF and regional branches), an insurance intermediary portal for courtiers, and a direct self-serve website with an online compensation simulator (Mon Espace). Marketing includes a content platform (Le Lab GSC), social media (Facebook, Instagram, LinkedIn, X), radio campaigns, and the Observatory of Entrepreneur Employment — a joint data initiative with Altares that publishes quarterly and annual unemployment statistics for French business leaders.

The business model is subscription-based recurring premium contributions from affiliated entrepreneurs. Governance is exercised by a board drawn from the patron federations, with Hervé Kermarrec (MEDEF) as President since 8 October 2024 and Jean-Michel Gautheron (CPME) as Vice-President. The association is France-only, with no disclosed revenue, headcount, or founding date in the source materials.

Name

Association GSC

Legal name

Association pour la Garantie Sociale des Chefs et des Dirigeants d'entreprise

Website

https://gsc.asso.fr

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Association GSC is a French nonprofit that administers the voluntary unemployment insurance scheme for business leaders and entrepreneurs, created by MEDEF, CPME, and U2P, underwritten by GAN Assurances, Générali, Allianz, and S.M.A.Btp, covering nine legal profiles across Metropolitan France.

Ownership category

akta.pro rank

Product category

Unemployment Insurance

NAICS

Professional Organizations (81392), Insurance Agencies and Brokerages (52421)

SIC

Services-Membership Organizations (8600), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Guaranteed Standard Issue (GSI) Disability Insurance (FSAIAIAF)

Keywords

• Unemployment insurance
• Entrepreneur protection
• Business leader coverage
• Voluntary insurance scheme
• Income replacement

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Premium Contributions: Members (entrepreneurs, business leaders, self-employed) pay insurance premiums to be covered under the GSC unemployment insurance scheme. The scheme is underwritten by co-assurers GAN Assurances, Générali, Allianz, and S.M.A.Btp.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Association GSC administers a voluntary unemployment insurance scheme that provides income replacement to French entrepreneurs and business leaders when they lose their employment due to company failure, court-ordered dismissal, or other covered circumstances. The scheme is underwritten by co-assurers GAN Assurances (lead), Générali, Allianz, and S.M.A.Btp, and is distributed through nine specialized product variants tailored to specific legal entity types (individual entrepreneurs, gérant majoritaire, artisan-commerçant, SAS/SASU presidents, SA executives, gérant minoritaire, gérant égalitaire, and creator/acquirer). The association also operates a Social Fund providing emergency financial aid up to €5,000 to affiliated members facing personal hardship.

Product overview

The Association GSC offers a comprehensive portfolio of voluntary unemployment insurance products designed for different categories of French entrepreneurs and business leaders. The core offering is the Assurance GSC, supplemented by nine specialized product variants tailored to specific profiles: Entrepreneur individuel (individual entrepreneurs), Gérant majoritaire (majority managers), Artisan-commerçant (artisans and merchants), Président/DG de SAS/SASU (SAS company leaders), PDG/DG/DGD/Directoire de SA (SA company executives), Gérant minoritaire ou non-associé de SARL (minority managers), Gérant égalitaire (equal managers), and Créateur/repreneur (business creators/repreneurs). These insurance products are underwritten through a co-insurance contract managed by GAN Assurances as the lead insurer, with co-insurers including Allianz, Generali, and SMA BTP. The portfolio also includes a social fund (Fonds Social) providing financial aid to affiliated members facing personal difficulties, a supervisory commission (CPN), a news platform (Le Lab GSC), and an online benefit calculator/simulator. The association is governed by employer organizations including MEDEF, CPME, and U2P.

Differentiator

Problem solved

Functional benefit

Products and services

• Assurance GSC (core unemployment insurance) The main voluntary unemployment insurance product allowing entrepreneurs and company officers to receive income in case of job loss. Targeted at French business leaders and self-employed professionals not covered by standard unemployment insurance. Coverage options include 9, 12, or 18 months of indemnification with varying benefit levels, subject to a waiting period.
• Offre Entrepreneur individuel Unemployment insurance coverage tailored specifically for individual entrepreneurs operating as sole proprietors or micro-businesses in France.
• Offre Gérant majoritaire Unemployment insurance for majority managers (gérants majoritaires) of SARL, SELARL, or similar French business structures.
• Offre Artisan-commerçant Unemployment insurance specifically designed for artisans and merchants operating small businesses in France.
• Offre Président, DG de SAS, SASU Unemployment insurance coverage for presidents and general directors of SAS and SASU companies in France.
• Offre PDG, DG, DGD, directoire de SA Unemployment insurance for CEOs (PDG), general directors (DG), deputy general directors (DGD), and executive board members of SA (public limited companies).
• Offre Gérant minoritaire ou non-associé de SARL Unemployment insurance for minority shareholder managers or non-partner managers of SARL companies.
• Offre Gérant égalitaire Unemployment insurance for equal-share managers (gérants égalitaires) of SARL companies.
• Offre Créateur/repreneur Unemployment insurance formula designed specifically for business creators and takeover entrepreneurs (créateurs/repreneurs d'entreprise).
• Fonds Social GSC A social fund providing financial assistance to affiliated entrepreneurs experiencing personal financial difficulties. Aid can be renewed up to a maximum of €5,000.

Quantifiable outcome

• 61,459 business leaders covered by GSC received unemployment benefits or were tracked by the observatory in 2025

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• GAN AssurancescoreTechnology or IntegrationGAN Assurances serves as the lead insurer (apériteur) for the GSC co-insurance scheme and handles administration of the insurance contracts. It is responsible for managing affiliations, claims, and member services.
• GénéralicoreTechnology or IntegrationCo-assurer of the GSC unemployment insurance scheme alongside GAN Assurances, Allianz, and S.M.A.Btp.
• AllianzcoreTechnology or IntegrationCo-assurer of the GSC unemployment insurance scheme alongside GAN Assurances, Générali, and S.M.A.Btp.
• S.M.A.BtpcoreTechnology or IntegrationCo-assurer of the GSC unemployment insurance scheme alongside GAN Assurances, Générali, and Allianz.
• MEDEFcoreStrategic or Co-development PartnerMEDEF is one of the three main patron employer confederations that created and govern GSC. MEDEF refer their member entrepreneurs to the scheme and participate in the association's governance.
• CPMEcoreStrategic or Co-development PartnerCPME (Confédération des Petites et Moyennes Entreprises) is a founding patron organization of GSC, promoting unemployment insurance coverage among small and medium business leaders.
• U2PcoreStrategic or Co-development PartnerU2P (Union des Entreprises de Proximité) is a founding patron organization of GSC, representing artisans, merchants, and independent professionals.
• AltaresminorStrategic or Co-development PartnerAltares collaborates with GSC on the Observatory of Entrepreneur Employment, providing data and analysis on business leader unemployment trends in France.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Allianz France: One of GSC's co-assureurs in the unemployment-insurance pool and a major French insurer offering loss-of-employment, GAV, and entrepreneur protection products. Comparable as a direct scheme-counterparty and as a broad provider of independent/executive income protection in France.
• Malakoff Humanis: Major French social-protection group serving both employed and self-employed populations with health, prévoyance (including loss-of-employment/independent coverage), savings, and retirement products. Overlaps with GSC in offering income-protection and welfare products to French entrepreneurs and corporate officers.
• Klesia: French social-protection group providing health, prévoyance, retirement, and loss-of-income coverage to company employees and executives, often through employer-organization partnerships. Comparable to GSC as a partner-driven social-protection operator with overlapping products (especially loss-of-income) for the French workforce.
• Generali France: Co-assureur in GSC's scheme and a top-tier French life & general insurer with executive-protection, prévoyance, and entrepreneur offerings. Direct pool participant and broader competitor in business-leader income protection.
• GAN Assurances: Lead apériteur of the GSC co-insurance pool, administering affiliations, claims, and member services for the scheme, while also serving as a broader French multi-line insurer for independents and SMEs. Closely tied operationally and economically to GSC's delivery model.

Emerging players

• Henner: French group-insurance broker with strong executive benefits, health, and prévoyance offerings for companies and high-net-worth individuals. Comparable in targeting business leaders with tailored income-protection and welfare solutions via intermediary channels.
• APRIL: French insurance broker specializing in niche and affinity segments (health, prévoyance, loan, mobility), with specific offers for independents and business leaders. Comparable as a distribution-led challenger for entrepreneur income-protection and welfare products.

Direct peers

• AGIRC-ARRCO: The French compulsory supplementary retirement scheme for private-sector employees, jointly managed by employer and labor confederations. Comparable to GSC in operating model — created and governed by the social partners (including MEDEF, CPME) to deliver mandatory protection to a specific population.
• UNEDIC: The French mandatory unemployment insurance scheme for salaried employees, administered by the social partners. UNEDIC is the closest functional analog to GSC in terms of providing unemployment income replacement, though it covers employees rather than business leaders.

Regional players

• Pro BTP: French social-protection group dedicated to the construction industry, jointly governed by employer (FFB) and labor federations. Shares GSC's model of a sector-specific social-protection scheme created and run by the relevant patron confederation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/association-gsc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Association GSC